[Dec 23, 2024 11:30 PM] After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in the market? Let’s dive in! Bitfarms Faces a…
[Nov 2, 2024 7:30 AM] Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a…
[Oct 29, 2024 3:02 PM] A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.
[Sep 27, 2024 9:30 PM] Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals.
[Sep 23, 2024 1:37 PM] Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of…
[Sep 14, 2024 6:31 PM] According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
[Sep 13, 2024 9:00 PM] This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.
[Sep 6, 2024 4:30 AM] Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms claimed that Riot refused to engage constructively and is attempting to buy Bitfarms at…
[Sep 4, 2024 5:20 PM] Riot Platforms called the recent board changes at Bitfarms a “step in the right direction,” but stressed that more change is needed.
[Sep 4, 2024 8:30 AM] Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the Oct. 29 special meeting. Riot criticized recent…
[Sep 3, 2024 12:20 PM] Riot Platforms urges further changes to Bitfarms’ board, proposing two independent directors ahead of a special meeting in October.
[Aug 29, 2024 6:30 AM] Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the…
[Aug 28, 2024 9:46 AM] Bitfarms assumes control of its first U.S. mega-site, marking a significant expansion in its power capacity and mining operations.
[Aug 23, 2024 8:00 PM] This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
[Aug 21, 2024 6:30 PM] On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first…
[Aug 21, 2024 11:16 AM] The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company's board before pursuing a takoever again.
[Aug 14, 2024 6:30 PM] Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment…
[Aug 13, 2024 7:30 PM] Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October.
[Aug 12, 2024 9:50 AM] Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.
[Jul 12, 2024 10:30 AM] Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests.
[Jul 12, 2024 10:08 AM] Bitfarms Ltd. has scheduled a special shareholders meeting for Oct. 29, 2024, in response to a requisition from Riot Platforms, Inc. The announcement on Friday claims Riot aims to disrupt Bitfarms’ ongoing strategic review process and acquire…
[Jul 8, 2024 11:13 PM] Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special…
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